---
title: "BUZZ-Prologis slips after launching about $2 bln stock offering for Segro acquisition"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294808077.md"
datetime: "2026-08-04T10:42:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294808077.md)
  - [en](https://longbridge.com/en/news/294808077.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294808077.md)
generator: "portal-rs"
---

# BUZZ-Prologis slips after launching about $2 bln stock offering for Segro acquisition

Shares of logistics REIT Prologis (PLD.N) down 2.8% premarket at $140.06 as it looks to raise equity for acquisitions PLD kicks off 15,000,000 share offering, which equates to roughly $2.1 bln at current levels

JP Morgan and BofA joint bookrunners

Co intends to use net offering proceeds for general purposes, including to fund potential acquisitions such as Segro plc

It adds there’s no assurance it will complete the Segro combination on the proposed terms or anticipated timeline, or at all British warehouse landlord Segro (SGRO.L) on Tues accepted a $19 bln takeover offer by PLD after investor pressure

San Francisco, California-based PLD has ~933.1 mln shares outstanding for nearly $135 bln market cap

PLD shares up 13% YTD through Mon close (Lance Tupper is a Reuters market analyst. The views expressed are his own)

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## Related News & Research

- [REG - FIL Limited SEGRO PLC Prologis, Inc. - Form 8.3 - PROLOGIS INC](https://longbridge.com/en/news/298595317.md)
- [REG - Threadneedle AM Hdgs SEGRO PLC Prologis, Inc. - Form 8.3 Segro Plc](https://longbridge.com/en/news/298741629.md)
- [REG - FIL Limited Prologis, Inc. SEGRO PLC - Form 8.3 - SEGRO PLC](https://longbridge.com/en/news/298733859.md)
- [REG - Citadel Group Prologis, Inc. SEGRO PLC - Form 8.3 - SEGRO plc](https://longbridge.com/en/news/298743314.md)
- [REG - JPMorgan Asset Mngt Prologis, Inc. - Form 8.3-Prologis, Inc](https://longbridge.com/en/news/298612119.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**